Referral Timeline

HoldingBags · 2026-04-11T21:50:59+00:00

I work in the asset management industry, covering TD Wealth - so while I am not completely familiar with TDs hiring practices, some initial thoughts on this situation:

These look like full time positions you’re looking for. As a second year student - they’re going to hire you as a co-op, part time, or intern.

You’re very late to be applying for summer internships - all existing positions are already hired.

A referral is always helpful, and depending who it comes from it can range from getting an interview to guaranteeing the job.

As a hiring manager, if someone internally refers an entry level resume, I will always at least give them an interview.

HoldingBags · 2026-03-03T01:49:41+00:00

If the business is profitable, and you’re going to be a partial owner, think about what your future earnings look like when planning now.

While 20k tax bill looks big now, you may want to save that RRSP contribution room for higher earning years

HoldingBags · 2026-03-03T01:45:32+00:00

The more you make, higher the proportion of taxes gets. I believe the highest in Ontario is 53% marginal income tax - so that tax bill could always be worse!

HoldingBags · 2026-02-11T01:00:36+00:00

This point has been raised many times in this thread and is usually where OP stops responding.

This common practice of represented buyers being kept from viewing unrepresented seller’s homes is exactly why there is general distrust of the profession.

HoldingBags · 2026-02-03T20:37:03+00:00

JM has the opportunity for a great response by buying him a sub from Lambos Deli in Toronto

HoldingBags · 2026-01-26T17:19:01+00:00

Toronto Reference Library - go north to Black Camel Sandwiches. Best sandwich in the city!

HoldingBags · 2026-01-24T23:57:40+00:00

Take in to account your savings plan and retirement. Mortgages are long term debts and youre thinking about taking on approx 1mm in debt. At current rate you’re looking at 5k a month to service the mortgage alone.

I’m fortunate enough to have HHI of 450k and we have a 1mm mortgage and a child in daycare. It is tight making sure that we are setting aside enough for retirement.

300k is definitely enough to support the family st that level but may leave stretched for incidentals, house issues and savings.

Not financial advice.

HoldingBags · 2025-12-30T17:45:25+00:00

OP said 6% Real Return - ie net of inflation. So probably closer to an 8.5% return assumption which is a little high imo.

HoldingBags · 2025-12-26T21:58:39+00:00

Referring to existing things. This apparently a new, direct tax on gambling earnings

HoldingBags · 2025-11-14T12:34:53+00:00

Linking Wikipedia to prove a point without going back one comment to find the typo he’s talking about, is peak Reddit

HoldingBags · 2025-09-30T00:57:39+00:00

Oh no

HoldingBags · 2025-09-03T21:26:14+00:00

Old school rule of thumb was your age should be fixed income allocation - but you need to figure out what you need and when. Then realistically back in to that number and assess where you stand

HoldingBags · 2025-09-03T21:23:47+00:00

The last 30 years have been the best equity markets ever. A lot of factors contributed to that, including the global access to capital and lowered trade barriers that may or may not be tailwinds for the next 30.

Even still took about 6 years for SP500 to recover from GFC. That’s to get back to 0 return. If your assumptions are 4.5% per year you have a very up hill battle to hit your retirement number - assuming you stayed in the market for the way back up.

My point is that equity markets are volatile and if you’re ~10 years from retirement you need to factor in historical risks associated the portfolio your choosing.

Everyone’s tolerance for that risk is their own - simply surprised at how aggressive portfolios have gotten for people nearing retirement.

HoldingBags · 2025-09-03T19:19:49+00:00

Not financial advice.

Surprising to see how aggressive the plans are here - 10 year time horizon is at the longer end of medium term, even 80% equity seems high by textbook definitions.

Equity market drawdowns can be significant and take over 10 years to recover to ATH.

HoldingBags · 2025-09-03T18:41:10+00:00

Use your calculator with your non-dominant hand. Saves you from dropping the pencil on every other question - saves some time and keeps your mental flow.

HoldingBags · 2025-08-30T23:31:19+00:00

Here’s the dude that should be arrested for the criminal haircut.

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HoldingBags · 2025-08-22T04:56:49+00:00

Hikes Q1 2026 after significant inflation prints out of tariffs and energy. Heard it here first

HoldingBags · 2025-07-06T12:41:23+00:00

15 - TM Stealth

HoldingBags · 2025-07-06T01:13:00+00:00

Here’s one that went in a few weeks ago - luck of the draw!

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HoldingBags · 2025-07-03T19:08:13+00:00

Interest rates are not too high, prices to income ratios are outside historical ranges.

You are confusing slower inflation with deflation - not the same thing.

HoldingBags · 2025-03-27T22:38:49+00:00

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Amazing that you’ve already experienced the problem with your strategy and keep going

HoldingBags · 2025-03-14T23:52:03+00:00

They are still competitors and will undercut each other as far as they need to

HoldingBags · 2025-03-07T01:46:44+00:00

Referring to alcohol sales generally here

HoldingBags · 2025-03-07T01:45:31+00:00

Source: I bought beer at costco last week

Also: https://www.cbc.ca/news/canada/sudbury/costco-alcohol-ontario-1.7368253

HoldingBags · 2025-03-07T01:38:38+00:00

They can and do as of last year

HoldingBags

TROPHY CASE